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    New Apartment Complexes in Monahans Title is generated by Realmo AI

    405 W 4th St, Monahans, TX 79756

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    Claim this Listing
    For Sale
    $4,400,000

    MULTI_FAMILY - Monahans, TX

    Property size:
    21,454 SF
    Lot size:
    1.03 Acres
    Price / SF:
    $205/SF
    Added:
    Apr 23, 2026
    Days on Market:
    23
    Last Refresh:
    May 15 at 5:06 pm

    Property Features for 405 W 4th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Appliances
    Free-Standing Electric Range, Refrigerator, Individual Water Heaters
    Standard status
    Active
    APN
    666227
    Size
    21,454 SF
    Lot size
    1.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2025
    Building materials
    Brick Veneer, Stucco
    Roof type
    Composition

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    Listing Contact
    Kit Prichard
    Kit Prichard

    Listing agent Kit Prichard License #0688613

    Listing office The Prichard Group PO BOX 12785, Odessa, TX

    Listing date Apr 23, 2026

    MLS# 174109 Listing URL

    Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two new apartment complexes, one existing and one under construction, totaling 22 units.
    • Furnished units available, currently used as corporate housing.
    • Enjoy open‑concept layouts and stylish finishes.
    • All‑electric units with separate metering.
    • On‑site laundry rooms in each complex.
    • Prime investment opportunity in Monahans, TX, near the Delaware and Permian Basins.

    Overview

    Two apartment complexes are available in Monahans, TX. The first complex features 10 units, including 8 units with 2 bedrooms and 1.5 bathrooms, and 2 units with 1 bedroom and 1 bathroom. Most units are furnished and currently used as corporate housing. The second complex, which is under construction, will add 12 units, including 5 units with 2 bedrooms and 2 bathrooms, and 7 units with 1 bedroom and 1 bathroom. Each complex includes laundry rooms, stylish finishes, all-electric utilities, separate metering, and open-concept layouts. The property is situated on a 1.03-acre lot. The property is located in close proximity to the Delaware Basin, with access to the Permian Basin. The property size is 21454 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.888311
    Latitude
    31.5931854

    FAQs

    What type of property is this?
    Apartment building - Two apartment complexes in Monahans, TX, corporate housing potential.
    Where is this apartment building located?
    The property is located at 405 W 4th St Monahans, TX.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: Two new apartment complexes, one existing and one under construction, totaling 22 units.; Furnished units available, currently used as corporate housing.; Enjoy **open‑concept layouts and stylish finishes**.
    More about this property
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